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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: nelli who wrote (24340)9/1/1999 1:46:00 AM
From: Dwight E. Karlsen  Respond to of 99985
 
The article itself defines it: "The "Three Black Crows" presage lower prices if they appear at high price levels or after a mature advance."

"presage lower prices". i.e. lower stock prices. That's all. There is no other more precise definition. "Three Black Crows" is a Japanese Candlestick pattern.



To: nelli who wrote (24340)9/1/1999 9:41:00 AM
From: Les H  Read Replies (1) | Respond to of 99985
 
Three Black Crows

litwick.com

taguru.com



To: nelli who wrote (24340)9/1/1999 5:20:00 PM
From: Teresa Lo  Read Replies (2) | Respond to of 99985
 
In Candlestick theory it is three long range down days, producing three black bars in a row on the daily chart, and that is bearish. Could personally expect a bounce first and then we'll see if sellers show up at the 20-day moving average.


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